How much did Miller's scam take in during 1899?
"$500,000"
"$1 million
"$2 million"
"$3 million"
Answer
$1 million, taken in during 1899, represented a significant portion of Miller's overall scam earnings, which totaled several million dollars. Operating primarily in Kansas and Missouri, Miller's scheme involved selling worthless mining stocks and exploiting the public's fascination with gold and silver discoveries. His ability to exploit human greed and manipulate investors' trust contributed to the success of his fraudulent operation.
Ponzi Scheme Prodigy: The Charles Ponzi Quiz
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